The global solid-state relay market size reached USD 1.22 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1.98 Billion by 2033, exhibiting a growth rate (CAGR) of 5.26% during 2025-2033. The rising product utilization in industrial automation, widespread product application in the automotive industry, and the recent development of smart solid-state relays (SSRs) represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
USD 1.22 Billion |
Market Forecast in 2033
|
USD 1.98 Billion |
Market Growth Rate 2025-2033 | 5.26% |
Solid-state relay (SSR) refers to an electronic component that provides electrical isolation and controls the flow of current in a system. It is comprised of an optoisolator, heat sink, control input, protection device, terminals, enclosures, and switching elements. It is widely used in industrial automation, residential and commercial lighting, medical equipment, diagnostic instruments, power distribution systems, automobiles, and heating, ventilation, and air conditioning (HVAC) systems. As compared to traditional electromechanical relays, SSR provides precise temperature control, reduces electrical noise, offers faster switching speed, requires less power, and improves system reliability. It also does not contain any moving parts, which aids in eliminating contact wear, extending service life, reducing maintenance, and improving resistance to vibrations and shocks. As a result, SSR finds extensive applications across the automotive, transportation, food and beverage (F&B), energy, power generation, and healthcare industries.
The rising product utilization in industrial automation is one of the primary factors propelling the market growth. SSR is widely used in robotics, packaging machinery, power distribution units, and energy management systems to control electrical motors, heaters, coolers, thermal elements, solenoids valves, actuators, pumps, fans, blowers, dampers, sensors, lighting, and conveyor systems. In addition to this, the increasing focus on energy efficiency and sustainability across industries is acting as another growth-inducing factor. Furthermore, the widespread product application in the automotive industry to ensure optimum current flow and provide precise switching capabilities in engine control units (ECUs), electronic control modules (ECMs), climate control systems, power steering, infotainment units, and safety systems are positively influencing the market growth. Along with this, the growing product utilization in electric vehicles (EVs) to manage the charging and discharging of batteries and protect vehicles from electrical faults and overloads is favoring the market growth. Additionally, the recent development of smart SSRs that are equipped with light-emitting diode (LED) indicators and advanced monitoring systems, which offer self-diagnostic capabilities and provide real-time information regarding the state of the relay unit, is contributing to the market growth. Moreover, the widespread product adoption in renewable energy applications, such as solar, wind, geothermal, and hydroelectric power plants, to facilitate connection with the grid infrastructure, ensure efficient power distribution, and maintain voltage stability is supporting the market growth. Other factors, including rapid industrialization activities, increasing investments in the development of advanced products, and the growing demand for smart grid infrastructure, are anticipated to drive the market growth.
IMARC Group provides an analysis of the key trends in each segment of the global solid-state relay market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on mounting, output, current rating, and application.
Mounting Insights:
The report has provided a detailed breakup and analysis of the solid-state relay market based on the mounting. This includes panel, PCB, and DIN rail mount. According to the report, PCB mount represented the largest segment.
Output Insights:
A detailed breakup and analysis of the solid-state relay market based on the output has also been provided in the report. This includes AC solid state relay, DC solid state relay, and AC/DC output relay. According to the report, DC solid state relay accounted for the largest market share.
Current Rating Insights:
A detailed breakup and analysis of the solid-state relay market based on the current rating has also been provided in the report. This includes low (0-20A), medium (20-50A), and high (50A and above). According to the report, medium (20-50A)accounted for the largest market share.
Application Insights:
A detailed breakup and analysis of the solid-state relay market based on the application has also been provided in the report. This includes energy and infrastructure, industrial OEM, building equipment, food and beverages, automotive and transportation, industrial automation, healthcare, and others. According to the report, automotive and transportation accounted for the largest market share.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for solid-state relay. Some of the factors driving the Asia Pacific solid-state relay market included rapid industrialization activities, increasing government initiatives, and various product innovations.
The report has also provided a comprehensive analysis of the competitive landscape in the global solid-state relay market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include ABB Ltd, AMETEK Inc, Anacon Electronic Sales Inc., ARICO TECHNOLOGY CO. LTD, Broadcom Inc., Carlo Gavazzi Holding AG, Celduc Relais, Crydom Inc (Sensata Technologies Inc), Fujitsu Limited, Littelfuse Inc, OMEGA Engineering Inc, Omron Corporation, Rockwell Automation Inc., Vishay Intertechnology Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
Mountings Covered | Panel Mount, PCB Mount, DIN Rail Mount |
Outputs Covered | AC Solid State Relay, DC Solid State Relay, AC/DC Output Relay |
Current Ratings Covered | Low (0-20A), Medium (20-50A), High (50A and above) |
Applications Covered | Energy and Infrastructure, Industrial OEM, Building Equipment, Food and Beverages, Automotive and Transportation, Industrial Automation, Healthcare, Others |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | ABB Ltd, AMETEK Inc, Anacon Electronic Sales Inc., ARICO TECHNOLOGY CO. LTD, Broadcom Inc., Carlo Gavazzi Holding AG, Celduc Relais, Crydom Inc (Sensata Technologies Inc), Fujitsu Limited, Littelfuse Inc, OMEGA Engineering Inc, Omron Corporation, Rockwell Automation Inc., Vishay Intertechnology Inc., etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |